Competition regulators will eye the market as part of airlines’ merger plans
Canadian airlines are increasing the number of seats available to sunnier destinations this winter, although the capacity growth will be muted compared to last due in part to constraints from the grounded Boeing 737 Max aircraft.
Despite tempered capacity growth, snowbirds and vacationers make up an important market for Air Canada, WestJet, Sunwing and their fourth competitor, Transat A.T. Each captures roughly a quarter of the booming market . The combined company would capture 48 per cent of the sun destination market, not quite reaching the 50 per cent threshold the Competition Bureau uses as a screening mechanism to evaluate whether a company can abuse its market dominance. But it would have “significant” concentration of seats in Quebec with 69 per cent of the market share, Doerksen noted.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Statistics Canada expects move to the digital cloud will prompt some rumblingStatistics Canada expects move to the digital cloud will prompt some rumbling GlobeBusiness
Read more »
Winter storm drenches and coats parts of Canada in iceWinter storms across Canada made a mess this weekend with freezing rain causing power outages and heavy rain causing flooding.
Read more »
Sussexes ship their pet dogs to Canada, fuelling speculation around potential trans-Atlantic moveThe relocation follows their announcement that they will be stepping back as senior members of the Royal family and intend to become financially independent
Read more »
New York Times Gets Absolutely Roasted For ‘Giddy’ Tweet About Canada'I'm pretty sure being anti-razzle dazzle is enshrined in our Charter.'
Read more »
Royals Send Heartfelt Messages To Canada After Iran Plane Crash“I extend my deepest condolences to the families, friends and colleagues of all those Canadians, and indeed other nationalities, who died, and to the many others who have been affected by this terrible event,' the Queen wrote
Read more »
Canada junior star Lafreniere first among draft-eligible North American skaters - TSN.caAlexis Lafreniere, who was named most valuable player of the 2020 world junior hockey championship after helping Canada capture a gold medal, is the top North American skater in the NHL's mid-season draft rankings.
Read more »